Training and minimum wages: first evidence from the introduction of the minimum wage in Germany

Table 1 Descriptive statistics of the total sample

Variable	Obs.	Mean	Std. dev.	Min	Max
Treatment assignment:
Treatment group	58,209	0.146	0.353	0	1
Intensity treatment	58,209	0.053	0.168	0	1
Training incidence (dummies):
Training	58,174	0.696	0.460	0	1
Training intensity (shares):
Training	56,509	0.318	0.341	0	1
Training of low qualified	44,160	0.026	0.101	0	1
Training of medium qualified	45,994	0.240	0.292	0	1
Training of high qualified	44,829	0.051	0.139	0	1
Worker-financed training	31,080	0.068	0.206	0	1
Firm-financed training	31,080	0.245	0.326	0	1
External courses	56,470	0.278	0.332	0	1
Internal courses	56,470	0.228	0.330	0	1
On-the-job training	56,470	0.220	0.326	0	1
Explanatory variables:
Share of medium qualified	58,209	0.590	0.276	0	1
Share of high qualified	58,209	0.097	0.190	0	1
Hiring rate	58,209	0.057	0.116	0	1
Skilled hiring rate	58,209	0.038	0.087	0	1
Collective bargaining	58,124	0.428	0.495	0	1
Works council	58,121	0.284	0.451	0	1
Lagged employment (in logs)	58,209	3.094	1.707	0	10.98
Part-time fraction	57,546	0.268	0.269	0	1
Technical level of capital	58,021	2.787	0.763	1	5
(1=outdated,..., 5=novel)
High competitive pressure	58,209	0.352	0.316	0	1